Entity Owned Property summary
AI-generated overview
This exceptional three-story, 74,508 square foot medical office building in Pleasanton, California, presents a compelling investment opportunity. Located at 4637 Chabot Dr, 94588, in Alameda County, this 21-suite property boasts a strong 87.5% occupancy rate, recently bolstered by a significant lease in Q3 2024. The building, constructed in 1984 with a steel frame, features a current cap rate of 7.13%, projected to reach 7.85% within the next year based on existing contracts. Significant recent improvements include new AC compressors and boilers, along with approximately $5 million in tenant improvements over the past five years, including a $2 million upgrade to suite #200, which was recognized as a CoStar deal of the third quarter in 2022. The majority of the remaining vacant space is market-ready, with the largest suite already benefiting from a substantial $2 million tenant improvement package. Three new leases were signed in the second quarter of 2023. The property sits on a 4.03-acre lot and enjoys a convenient location, within walking distance of the Gateway Shopping Center and its numerous restaurants. The asking price is $16,000,000.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
74,206 SF
Lot
4.03 ac (175,443 SF)
APN
941-2759-6
UPID
US09-8355492
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Loan Service Bank
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Real Estate Agency
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.00M
Owner & transaction history
since 2025
Last sale
$14.0M
7 recorded transactions
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$15.00M
Value range
$13.50M – $16.50M
±10% around blend
Estimated value / SF
$202 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$13.50M
blend $15.00M
$16.50M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
74,206 SF
Lot area
4.03 ac
Year built
1984
Stories
3
APN
941-2759-6
Assessed value
$19,709,224
Annual tax
$228,667
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$19.01M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
21.7 mi away · 71,506 SF
22.8 mi away · 56,508 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$15.00M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 34 sales
$416
-51%
Submarket 89 sales
$455
-56%
County 415 sales
$339
-40%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $202/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$14.05M
Move the market yield to see immediate price impact.
Value / SF
$189
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$885k
$17.70M
$12.64M
$9.83M
$983k
$19.67M
$14.05M
$10.93M
$1.08M
$21.63M
$15.45M
$12.02M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$29.00M
21.3 mi · Dec 2025 · $483/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$228,667
Tax year 2023
Assessed value
$19,709,224
Assessed 2024
Previous assessed
$19,322,887
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$5,878,471
Assessed improvement
$13,830,753
Applied tax rate
19.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
74,206 SF
Lot
4.03 ac (175,443 SF)
APN
941-2759-6
UPID
US09-8355492
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
4.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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